Aditya Mittal Quotations

We've already said that we intend to reduce 45,000 jobs by 2010, and these are natural departures and retirement. We've already captured 10,000 ones in 2005, and if we keep that pace we can achieve our goal by 2010.

We believe we have offered a very fair transaction.

Since the offer on January 27, the value of the underlying bid has improved.

We don't see China as a competitive threat. They're not making profits at current prices.

As our stock price improves, so does the value of the offer.

Then the offer becomes effective and open to shareholders who will have 30 to 60 days to decide.